Our CorrespondentCHITTAGONG, Dec 6: The biennial election of the Chittagong Chamber of Commerce and Industry (CCCI) for the period of 2011-12 will be held tomorrow.The election is being held following a High Court stay order today upon a petition filed...
FE ReportThe 9th National Furniture Fair- 2010 kicked off at city's Bangabandhu International Conference Centre Monday with a call from trade bodies for creating a more investment-friendly environment shunning the destructive political culture to help protect the country's business sector.They...
Mr Fazle Rashid, a veteran journalist and the US-based correspondent of The Financial Express (FE), is seriously ill. He was hospitalized in New York, USA for about a week with severe kidney ailment. Besides a damaged kidney, he had his...
FE ReportThe Chief of Naval Staff Vice Admiral Z U Ahmed left Dhaka for Sri Lanka to attend 'Fleet Review' arranged by Sri Lankan Navy on the occasion of its 60th anniversary Monday. He is accompanied by one member naval...
FE ReportThe securities regulator has asked leaders of bourses to reinforce vigilance over stock brokers so that they can't snap up shares on behalf of clients before cheques are en-cashed. The Securities and Exchange Commission (SEC), in a meeting Monday,...
State-owned Bangladesh Cable Shilpa Limited (BCSL) is going to offload shares by March to finance its new project, reports bdnews24.com. The company signed an agreement Monday with Swadesh Management Investment Limited to work as the issue manager, company secretary Lutfur...
Md Mazadul Hoqueback from North BengalAman production in northern districts increased 50 per cent than the previous year as the farmers got quality seeds and the weather was favourable.This correspondent visited Rajshahi, Natore and Sirajganj found that there were bumper...
FE ReportThe revised prices of soybean oil will take effect from today (Tuesday) amid scepticism over its effectiveness as the wholesale price of soybean was not fixed in Sunday's meeting between the government and the refiners, according to the wholesalers....
Tough legal action will be taken against the CNG-run auto-rickshaw drivers if anyone charges excess fare than the fixed rate and refuses to go to a destination as per passenger demand, Parliament was told Monday, report agencies.In a written answer...
Mohammad MufazzalFund managers should intensify efforts to win back investors' confidence as prices of mutual fund (MF) units plunged, hit by restrictions on margin loan and private placement, officials and experts say.They say that disclosure policy, campaign and change in...
Spinner Abdur Razzak and pacer Shafiul Islam's fierce bowling spells and a captain's knock by skipper Shakib Al Hasan guided Bangladesh to a 2-1 lead in the Micromax five-match ODI series, beating visiting Zimbabwe by 65 runs in the 3rd...
FE ReportAll the indices of the Dhaka Stock Exchange (DSE) witnessed massive fall Monday due to price correction, as investors booked profit from the bullish market. The market opened with a positive note, and the benchmark index of the DSE...
Asaduzzaman Pallab State-owned Investment Corporation of Bangladesh (ICB) is set to launch two mutual funds of Tk10 billion, which would be the biggest ever mutual fund in the history of country's capital market.The mutual funds-- ICB Multi-Sectoral Mutual Fund Scheme-1...
Doulot Akter MalaThe National Board of Revenue (NBR) will take a firm stand for not offering fresh tax exemption facilities to Grameen Bank, a brain-child of Nobel Laureate Dr Yunus, officials said Monday.The board is reviewing pros and cons of...
Munima SultanaNo progress has yet been made with regard to inviting tenders in advance for 10 projects of the communications ministry to be implemented by Indian credit. Special permission was given by the prime minister to float tenders for the...
FE Report Shipping minister Shahjahan Khan Monday said the government is continuously monitoring the movement of the hijacked Bangladesh flag- bearing vessel. "We've identified locations of the ship plying the Arabian Sea. We're continuously monitoring its movement," Shahjahan Khan told...
FE Report The inter-bank call money rate hit 31 per cent Monday due mainly to squeezing of liquidity support by the central bank, officials said.The call rate ranged between 15 per cent and 31 per cent on the day against...
The holy Ashura will be observed across the country on December 17 (Friday), as the moon of Muharram month was not sighted Monday. The decision was taken at a meeting of the National Moon Sighting Committee at Islamic Foundation conference...
Education Minister Nurul Islam Nahid Monday said admission to class I in the primary sections attached to the 13 government secondary high schools in the capital will be decided through lottery. This is for the first time that admission will...
Weather is light rain is likely to occur at one or two places over Dhaka, Rajshahi, Barisal, Chittagong and Sylhet divisions and at a few places over Khulna division today (Tuesday).Light fog may occur over the river basins of the...
Weather is likely to remain dry with temporary partly cloudy sky over many places of Dhaka, Rajshahi, Barisal, Chittagong and Sylhet divisions and at a few places over Khulna division today (Sunday).Light fog may occur over the river basins of...
Vice-president of the central committee of Bangladesh Chhatra League (BCL) Jashem Bin Hossain Jummon was injured in a road accident in Rangpur city Saturday night, reports BSS.The accident took place when the motorcycle on which Jummon and his wife were...
President M Zillur Rahman Sunday said being able to contribute the highest number of troops to UN peacekeeping missions is an international recognition and befitting evaluation of the performance of Bangladesh Army, reports BSS."It's a matter of pride for the...
FE ReportSpeakers at a conference Saturday said both owners and workers of garment factories are responsible for frequent fire incidents in RMG sector. Owners are not taking necessary fire safety measures while workers are unaware in this connection, they said.They,...
FE ReportMedia experts Sunday called upon all concerned to ensure job security of female journalists to encourage more women to become media professionals.They also demanded 50 per cent participation of women in every section of media.At a seminar titled 'Gender...
FE ReportInaugural ceremony of basic foundation course for the newly-recruited auditors of Defence Finance Department was held at the office of Senior Finance Controller (Army), Dhaka Cantonment Sunday, said an ISPR release.About 66 participants from different offices of the department...
The High Court (HC) has asked the Officer-in-Charge (OC) of Lalbagh police station to stop all construction work adjacent to the Lalbagh Fort to conserve the historical site, report agencies.A bench, comprising justices AHM Shamsuddin Chowdhury and Sheikh Md Zakir...
Foreign Minister (FM) Dipu Moni expressed her deep shock at the death of Abul Fateh, country's first foreign secretary and senior most diplomat in the Mujibnagar administration, reports UNB.Abul Fateh died in London early Saturday at the age of 86.In...
DU CorrespondentThe Institute of Education and Research (IER) of Dhaka University (DU) celebrated its Golden Jubilee amid festivity and elaborate progrmmes on the campus Sunday.Hundreds of students and teachers of the institute brought out a colourful procession on the campus...
Prime Minister Sheikh Hasina said Sunday allegations of foreign fund transfer against Nobel laureate Professor Muhammad Yunus's Grameen Bank needed an "extensive" investigation. "There should certainly be a thorough investigation to find out what actually happened," she told a press...
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